Is there an inverse etf for the S&P 500 index
I now have money in the S&P 500 index. Can I protect this with the inverse etf S&P 500, in case the S&P 500 keeps going down
Answers
2082 points
alanj answered one year ago …
SDS This is an Ultra ETF. Their objective is to double (in reverse) the underlying stock or index. If the S&P 500 goes down 1% SDS should be close to a 2% increase. If you want a regular short ETF than use SH.
Another alternative would be to use put options on SPY (an ETF on the S&P 500). But options is not for everyone.
3963 points
MNSL answered one year ago …
Some top investors believe there will be rally in the S&P 500 index sooner than later.
I also think so. At least it will increase by 20%. Stocks are oversold worldwide now. There will be strong rally through out the world and even some financial stocks will recover.
Some sectors and companies will outperform the market.
Local banks with strong balance sheets will outperform markets sooner than later.
Some local banks in both developed and developing countries are stronger than foreign banks and I think it is time take money out of some foreign banks exposure to credit crunch and bad loans and put these money into local banks. It is also wise to buy stocks in local banks now.
In some small countries, bear markets bottom has already reached or closer to it. now.
312 points
